Menu

U.S. Treasury Spokesman Says Only Way To End Conservatorship Is Legislation

Seeking Alpha, By Glen Bradford

Joe Light at the WSJ recently wrote up the summary of an e-mail exchange with a Treasury Department spokesman.

This is consistent with what the Treasury has been doing all along, aka calling the shots as they relate to Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC). Look and see what happens when they call the shots. Judge Royce Lamberth’s Memorandum Opinion summarizes this beautifully.

Read the full article here: U.S. Treasury Spokesman Says Only Way To End Conservatorship Is Legislation